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Technology salaries go furthest in Austin and Seattle

August 15, 2016

Austin, Texas, and Seattle beat out San Francisco to offer the best technology salaries when factoring in the cost of living adjustment, according to Indeed’s global research institute, the Hiring Lab. Researchers looked at salary and cost of living data to figure out where technology jobs pay the most.

Indeed’s report looks not only at technology workers generally, but also considers 15 specific technology jobs by city. For instance, the report finds that in San Francisco a technology worker earns an average annual salary of approximately $113,000, but a median rent of $3,357 takes up to 36% of monthly income. By contrast, Austin averages “only” $94,025 a year, but just 22% of monthly income is required to cover the median rent of $1,693.

“The data shows that the highest-cost cities often set the wages for in-demand technology talent,” said Paul D’Arcy, Indeed senior VP. “Once we factor in cost of living, we quickly see that technology workers have their pick of cities and can optimize for happiness, whether that means quality of life or location.”

The top five cities for tech search ranked by salary when adjusted for cost of living are:

  1. Austin, Texas: $95,247
  2. Seattle: $91,242
  3. San Francisco: $90,457
  4. Chicago: $89,091
  5. Dallas: $88,717